Who is it for?
API Certified (Residential) Valuers provide expertise and certainty in conducting residential valuations for a variety of residential properties.
A Certified Practising Valuer (Residential) is a person who, by education, training and experience, is qualified to perform a valuation of any residential property for any purpose provided that:
- the highest and best use of the property must be residential; and
- there are strictly only residential use(s) on the property.
The Certified Practising Valuer (Residential) Certification is only able to be attained with an Associate Membership. All applicants for Associate Membership with Certified Practising Valuer (Residential) are required to meet the API’s Educational and Experience requirements, provide reports for review, and sit a professional interview.
To view or download the RPV, CPV Residential and CPV admissions process, click here.
What does a CPV Residential certification enable?
A CPV Residential certification comes with (CPV Residential) post nominals and enables you to undertake valuations of residential property. Holding a CPV Residential certification will unlock a range of professional opportunities and is recognised by all major financial institutions.
Eligibility
- Must have completed an API CPV accredited course
- Must have completed all requisite API Practical Valuation Training program
- Must have accrued a minimum of two years’ experience in real residential property valuation the past four years
Application Process
Payment of $160 application fee prior to assessment.
Online application including:
- Full completion of profile
- Upload all required documentation:
- Copy of degree certificate and/or Academic Transcript
- Experience Journal demonstrating one years’ full-time experience
- 3 Referee Reports
- 3 Report Samples including Letters of Certification, and field notes (refer to Member Guideline for further information):
- Experience Journal template
- Letter of Certification template
- Referee Report template
- API Letter of Instruction
- Completion of API report review and professional interview process
Membership is active once the application has been completed in full, approved and the fee paid.
Additional Information
How long is the process?
Depending on the certification, applications for the Associate Membership can take approximately three months to complete, including the professional interview process.
Ongoing Requirements
Ongoing requirements of Associate Membership include the payment of annual fee as well as maintaining compliance with the CPD Policy (CPD Rules & requirements).
Where can Valuation take me?
Becoming a residential property valuer is a lucrative and rewarding career for those who want to combine analytical skills with real-world impact. Specialising in residential valuations allows you to provide expert assessments that drive informed decisions in property transactions.
With flexible work options, a variety of residential projects, and a consistently high demand for valuations, this profession offers job stability, excellent earning potential, and the opportunity to influence property markets.
If you thrive on variety, problem-solving, and the ability to shape financial outcomes, a career in residential property valuation is an ideal choice.
Start your journey to Property Valuation today!